Seamless Pipes Market is expected to reach USD 252.89 Billion by 2024 from USD 178.53 Billion in 2016 at a CAGR of 5.1%.
Seamless pipes possess improved ability to sustain high pressures. Oil & gas industry drives growth of seamless pipes market.
Growth in the construction activities to benefit the seamless pipes market.
Global Seamless Pipes MarketMain types of seamless pipes are hot finished and cold finished seamless pipes. Surging demand for various applications and low cost of hot finish seamless pipes than cold finished seamless pipes. This are largely manufactured through processes, such as rotary piercing, extrusion and other hot working processes.
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Key Players Operting in the Seamless Pipe Market:
• Nippon Steel & Sumitomo Metal Corporation (Japan)
• JFE Steel Corporation (Japan)
• ArcelorMittal SA (Luxembourg)
• Tenaris S.A. (Luxembourg)
• Vallourec AG (France)
• Sandvik AB (Sweden)
• United States Steel Corporation (U.S.)
• Jindal Saw Ltd. (India)
• PAO TMK (Russia)
• Indian Seamless Metal Tubes Limited. (India)
• Zaffertec S.L. (Spain)
• Cimco Europe C.F. (Italy)
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